Kittelson & Carpo Consulting – News and Advisories
We provide weekly updates on the latest news that affect local and foreign companies doing business in the Philippines.
The Department of Finance (DOF) and the Fiscal Incentives Review Board (FIRB) grants a long period of incentives to companies that invest in science, technology, and other sectors “critical” to the economic recovery in the Philippines.
Several business groups shared in a joint statement on Monday, May 24, that the Philippine agricultural sector should become more open to foreign trade to ensure a stable and affordable supply of goods for Filipinos.
The Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-MEID) plans to reopen more industries in areas under modified enhanced community quarantine (MECQ).
The Securities and Exchange Commission (SEC) has published the list of schedules to be followed in filing for Annual Financial Statements (AFS), General Information Sheet (GIS), and other Annual Reports (AR) in accordance with the last numerical digit of their SEC license.
Outsource Accelerator (OA), an advisory firm, conducted a survey suggesting a steady recovery in the operations of outsourcing companies in the Philippines since 2020. The firm conducted a survey from 25 outsourcing companies, representing almost 40,000 employees.
The Securities and Exchange Commission (SEC) has extended the deadline for submission of 2020 Annual Reports for the Calendar Year (CY) ending December 31, 2020.
On Saturday, March 27, Presidential Spokesperson Harry Roque enumerates the industries allowed to operate during the enhanced community quarantine (ECQ) in the Greater Manila Area in the Philippines.
Quezon City Mayor Joy Belmonte announced on Sunday, March 7, that all businesses located in Quezon City are required to incorporate KyusiPass into their operations for employees and consumers alike.
The Philippine Guarantee Corporation (PhilGuarantee) announced on Monday, February 22, that they will broaden their efforts in providing aid to micro, small, and medium enterprises (MSMEs) and other vital sectors to help businesses stay afloat amid the COVID-19 pandemic.
The Securities and Exchange Commission (SEC) released a memorandum to improve its efforts to fight against money laundering and terrorist financing in the Philippines.